A type of indirect costs, called _______ are costs which the organization commits itself to within an operating year, and which often are spent in advance or at the front end of a manufacturing/sales cycle.

Chantelle helped guide her organization through the process by creating regular meetings with employees to discuss progress of the change initiatives and to reflect upon challenges and obstacles in an effort to adapt more effectively to the change

effort. This best illustrates which characteristic of Lewin's change model? a. recognizing the need for change b. resistance to change is inevitable c. focus on people as the source for learning and change d. the need to support new behaviors and allow them to take hold

Randi owns a 40% interest in the capital and profits of the RAY Partnership. Immediately before she receives a proportionate nonliquidating distribution from RAY, the basis for her partnership interest is $60,000 . The distribution consists of $45,000 in cash and land with a fair market value of $72,000 . RAY's adjusted basis in the land immediately before the distribution is $36,000 . As a

result of the distribution, Randi recognizes a gain of $21,000. a. True b. False Indicate whether the statement is true or false